Is Edmonds, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Edmonds is a seller's market


Difference Since November 2022

Since last year, Edmonds has remained a Seller's Market.

Key Takeaway

Edmonds is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Edmonds, WA

How much do homes in Edmonds, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Edmonds have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in Edmonds was $816,343 in November 2023, down 8.8% from last year, and the median price per square foot was $456.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $483K$402K
2 $582.5K$610K
3 $880K$760K
4 $1.1M$970K
5+ $1.4M$1.3M

Summary: Edmonds housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 16.8%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 7.1%.

Median Sold Price Compared To Nearby Cities

Mountlake Terrace

Housing Supply in Edmonds, WA

How many homes are available in Edmonds, WA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Edmonds real estate market had 151 homes for sale in November 2023, a 5.6% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 64
2 4139
3 5646
4 3942
5+ 1820

Summary: The Edmonds housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edmonds, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in Edmonds in November 2023, down by 17.5% month-over-month. Of the 47 sold homes, 49% were sold under asking, 23% were sold at asking, and 28% were sold over asking.

Days on Market for Edmonds, WA

How long does it take to sell a home in Edmonds, WA?

Average Sale Time

Nov 2022Nov 2023CHANGE
24 Days26 Days+9.1%

Summary: Homes in Edmonds had an average of 26 days on market in Nov 2023, up by 9.1% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Edmonds are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 47 homes were sold in Edmonds; 66% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Edmonds, WA

Nearby Markets to Edmonds, WA

What housing markets are near Edmonds, WA?